Ping An Insurance (Group) Company of China Management
Management criteria checks 4/4
Ping An Insurance (Group) Company of China's CEO is Yonglin Xie, appointed in Dec 2018, has a tenure of 5.08 years. total yearly compensation is CN¥4.48M, comprised of 91.3% salary and 8.7% bonuses, including company stock and options. directly owns 0.005% of the company’s shares, worth MX$79.56M. The average tenure of the management team and the board of directors is 2 years and 4.1 years respectively.
Key information
Yonglin Xie
Chief executive officer
CN¥4.5m
Total compensation
| CEO salary percentage | 91.3% |
| CEO tenure | 5.1yrs |
| CEO ownership | 0.005% |
| Management average tenure | 2yrs |
| Board average tenure | 4.1yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2023 | n/a | n/a | CN¥79b |
| Jun 30 2023 | n/a | n/a | CN¥83b |
| Mar 31 2023 | n/a | n/a | CN¥96b |
| Dec 31 2022 | CN¥4m | CN¥4m | CN¥84b |
| Sep 30 2022 | n/a | n/a | CN¥113b |
| Jun 30 2022 | n/a | n/a | CN¥114b |
| Mar 31 2022 | n/a | n/a | CN¥100b |
| Dec 31 2021 | CN¥5m | CN¥4m | CN¥102b |
| Sep 30 2021 | n/a | n/a | CN¥122b |
| Jun 30 2021 | n/a | n/a | CN¥132b |
| Mar 31 2021 | n/a | n/a | CN¥144b |
| Dec 31 2020 | CN¥6m | CN¥4m | CN¥143b |
Compensation vs Market: Yonglin's total compensation ($USD627.92K) is below average for companies of similar size in the MX market ($USD5.72M).
Compensation vs Earnings: Yonglin's compensation has been consistent with company performance over the past year.
CEO
Yonglin Xie (55 yo)
5.1yrs
Tenure
CN¥4,483,000
Compensation
Mr. Yonglin Xie, Ph D., serves as Executive Director of Ping An Insurance (Group) Company of China, Ltd. since April 3, 2020.He serves as a Director at Lufax Holding Ltd since August 8, 2023. Mr. Xie serv...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Executive Chairman | 35.8yrs | CN¥3.96m | 0.014% CN¥ 214.5m | |
| Co-CEO, President & Executive Director | 5.1yrs | CN¥4.48m | 0.0052% CN¥ 79.6m | |
| Assistant President & Chief Investment Officer | 2yrs | CN¥2.57m | no data | |
| Chief Risk Officer | 2.6yrs | CN¥6.79m | 0.00033% CN¥ 5.0m | |
| Senior VP & Executive Director | less than a year | CN¥3.91m | 0.0026% CN¥ 40.3m | |
| Senior VP & GM of Beijing Head Office of the Group | 3.8yrs | CN¥3.64m | 0.00063% CN¥ 9.6m | |
| Senior VP & Director of the Group's Strategic Development Center | less than a year | CN¥3.59m | no data | |
| Company Secretary | 6.8yrs | CN¥2.61m | 0.0025% CN¥ 38.2m | |
| Co-CEO & Chief Human Resources Officer | less than a year | no data | 0.00013% CN¥ 2.0m | |
| Co-Chief Executive Officer | less than a year | no data | no data | |
| CFO & Financial Director | less than a year | no data | 0.00059% CN¥ 9.0m | |
| Chief Strategist & Head of Investor Relations | no data | no data | no data |
2.0yrs
Average Tenure
53yo
Average Age
Experienced Management: PNGAY N's management team is considered experienced (2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Executive Chairman | 35.8yrs | CN¥3.96m | 0.014% CN¥ 214.5m | |
| Co-CEO, President & Executive Director | 3.8yrs | CN¥4.48m | 0.0052% CN¥ 79.6m | |
| Senior VP & Executive Director | 9.5yrs | CN¥3.91m | 0.0026% CN¥ 40.3m | |
| Non-Executive Director | 10.6yrs | CN¥520.00k | no data | |
| Employee Representative Chairman of Supervisory Committee | 3.4yrs | CN¥3.65m | 0.028% CN¥ 425.7m | |
| Non-Executive Director | 10.6yrs | CN¥520.00k | 0.00055% CN¥ 8.4m | |
| Independent Non-Executive Director | 4.5yrs | CN¥520.00k | no data | |
| Non-Executive Director | 14.6yrs | CN¥7.02m | 0.0092% CN¥ 141.2m | |
| Non-Executive Director | 3.8yrs | CN¥8.28m | 0.0042% CN¥ 63.7m | |
| Independent Non-Executive Director | 2.4yrs | CN¥510.00k | no data | |
| Independent Non-Executive Director | 2.4yrs | CN¥520.00k | no data | |
| Chairman of Ping An Asset Management | 1.9yrs | no data | no data |
4.1yrs
Average Tenure
59yo
Average Age
Experienced Board: PNGAY N's board of directors are considered experienced (4.1 years average tenure).